Author: Aditya Raghunath

Aditya Raghunath has worked at Market Realist since 2014, and his research focuses primarily on tech, media, and gaming stocks. He earned his post-graduate diploma in finance and marketing in 2014. Prior to joining Market Realist, he worked for a leading investment bank.

Disclosure: I am in full compliance with all ethics and other policies for Market Realist research analysts. I am not invested in securities that I cover on Market Realist.

The broader markets were subdued today. However, tech stocks Datadog (DDOG), Roku (ROKU) and Fitbit (FIT) gained significantly. Here's why.

Apple stock is trading 0.5% higher in pre-market today. Barclays (BCS) increased the company's target price from $2017 to $224.

Nokia (NOK) and Ericsson (ERIC) shares are trading higher today. While Nokia has risen more than 3%, Ericsson has risen more than 5%.

High-growth tech firms have lost significant market value in the first half of October. TTD, NOW, OKTA, and TWLO are all trading lower today.

All of the major indexes and ETFs are trading lower today. The Dow Jones Industrial Average has fallen by 44 points or 0.16% at the time of this writing.

Adobe (ADBE), Workday (WDAY), and ServiceNow shares have lost significant market value in early-market trading today. Adobe stock has fallen close to 4%.

The Dow Jones Industrial Index has gained close to 300 points today. The earnings season kicked-off. Several companies reported their quarterly results.

So far, Glu Mobile shares have risen 8.9% today. Reportedly, the company will replace SolarEdge Technologies in the S&P SmallCap 600 Index on Friday.

Apple (AAPL) shares have gained close to 50% year-to-date. The stock is trading at $235.87, while it's valued at $1.07 trillion.

CrowdStrike (CRWD) fell 9.5% today to close at $54.52. Analyst Walter Pritchard initiated coverage on CRWD with a “sell” rating and a target price of $43.